Mick Mulvaney is firing back at Democratic critics of the White House’s plan to cut $15.4 billion in spending, including $7 billion in unspent funding for the Children’s Health Insurance Program. In...

President Trump met with NATO Secretary General Jens Stoltenberg last week, offering the president an opportunity to highlight recent increases in military spending in Europe. “[W]e’ve increased and...

In a new note to clients, Goldman Sachs economists say that U.S. fiscal outlook “is not good.” If you’re reading this you likely already knew that the picture isn’t pretty — but the new Goldman Sachs...

Births in the U.S. fell to a multi-decade low last year, according to data from the National Center for Health Statistics released Tuesday. The provisional estimate shows 3.85 million births in the U...

The U.S. has spent roughly $2.8 trillion fighting terrorism since 9/11, according to a new analysis from the nonpartisan Stimson Center, a think tank focused on security issues. A study group at the...

The federal government will start spending $1 trillion more than it raises in taxes in 2019, and the deficit is expected to remain above that level for the foreseeable future. It’s widely agreed that...

In a note to clients on Saturday, Goldman Sachs economists say that the larger deficits resulting from Congress’ recent tax cuts and spending increases could drive interest rates higher in at least a...

With the tax cuts passed and the White House increasingly focused on foreign policy, Republicans in Congress have set many of their top agenda items – from Obamacare repeal to immigration reform – on...

The Supreme Court has cleared the way for more states to bet on sports gambling as a source of revenue. In a 6-3 decision , the high court on Monday struck down as unconstitutional a 1992 federal ban...

The House Armed Services Committee passed a $716 billion defense policy bill on Thursday, sending it to the full House for a vote later this month. The topline number for military spending in fiscal...